How to build your $10,000 a month eCommerce business as a Creator
With just 16 orders a day, you can earn a monthly income of $10,000. You might be wondering how many followers you need or how often you should post on social media to achieve this goal. Let's explore how you can turn your online boutique into a lucrative business and generate $10,000 a month as a social media creator.
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Let’s get 16 orders a day
To achieve $10,000 a month in sales commission, you'll need a total monthly sales volume of around $50,000. With an average order value of $100, this translates to 500 orders per month or 16 orders per day. It’s not that much.
So how do we get there?
How to get your followers to visit your boutique?
- Display your boutique name or web address in captions over your videos or photos: When creating content for your audience, make sure to include your boutique's name or web address prominently in the captions of your videos or photos. This ensures that your followers see the information while engaging with your content, making it easy for them to remember and visit your boutique.
- Encourage your followers to visit your boutique: Along with displaying your boutique's name or web address, actively encourage your followers to visit your online boutique. In your videos or captions, directly ask your audience to check out your boutique and spell out the web address. This explicit call to action helps generate curiosity and prompts them to take action.
- Include links in your posts: Take advantage of the link-sharing capabilities on various social media platforms. Depending on the platform you use, such as Instagram, TikTok, Youtube, Facebook, or Twitter, incorporate links to your boutique directly in your posts or stories. This allows your followers to click on the link and be redirected to your online boutique effortlessly.
- Utilize the link in your bio: Most social media platforms provide a designated space in your profile bio to add a link. Take advantage of this feature and include the URL of your online boutique in your bio. Make sure to update the link whenever necessary, directing your followers to your latest products or promotions.
- Include your boutique link in a newsletter: If you have a newsletter or email subscription list, regularly include your boutique's web address in your email communications. By reaching out to your subscribers directly, you can inform them about new products, limited-time offers, or exclusive discounts available in your online boutique. Make sure to craft compelling content in your newsletters that motivates recipients to visit your boutique.
Let’s get 320 boutique visitors a day
In order to achieve 16 sales per day, you'll need a total daily traffic of 320 visitors to your boutique each day, assuming conservatively that 5% of your boutique visitors will convert into buyers.
Why? The average conversion rate for a typical Shopify boutique is around 2.3%. However, your followers are already familiar with and trust your recommendations, so your conversion rate should be even higher. Referral traffic, in particular, tends to have a conversion rate of over 5%.
100k engaged followers should do it
The number of followers you have, their engagement and intent, your posting frequency play a crucial role in generating boutique traffic and sales.
To simplify, here's a formula to calculate the daily boutique visits from a single post:
(Number of followers) x (Average engagement rate)
Imagine having 100,000 followers. Assuming a conservative 3.5% engagement rate, you would receive 3,500 engagements per post. Now, let's consider that about 10% of these engagements lead to visiting your boutique. This would generate 350 website visits, so more than enough to get your 16 daily orders.
By capitalizing on your existing community, promoting your curated products, and leveraging your influence, you're on your way to building a thriving eCommerce business that earns $10,000 a month.
Now, let's delve into the strategies and tactics you can employ to maximize your eCommerce success as a Creator.
You've built a dedicated community that trusts your recommendations and engages with your content. Now, imagine having your own online boutique filled with carefully curated products that your community will love. Imagine making $10,000 a month. It’s a perfectly achievable goal if you break it down into simple steps.
6 steps to earning $10,000 with your online boutique:
- Launch your online boutique in minutes with Vendo's easy setup: just choose the product categories such as wellness, lifestyle, travel, fashion, parenting, and we’ll set you up with the brands that make sense for your personal brand and audience.
- Customize your online boutique to match your style and preferences: Vendo allows you to make your online boutique look and feel just the way you want. Easily personalize the design, colors, and layout to match your branding. Vendo gives you the freedom to create a boutique that reflects your personality and resonates with your audience.
- Make content featuring products from your boutique: Incorporate your curated products into your content creation process. Showcase them within your videos or photos. You don't necessarily have to make explicit product reviews; instead, seamlessly integrate the products into your content and mention that they are available in your boutique. This approach allows you to organically promote your products without coming across as too salesy.
- Consistently post content to build a shoppable content archive: Regularly publish content that features your curated products. By maintaining a consistent content creation schedule, you not only engage your audience but also build a substantial archive of content over time. This archive acts as a valuable resource that continues to work for you, driving traffic to your boutique even when you're not actively promoting new products. Encourage your followers to explore your previous posts and discover the products available in your online boutique.
- Build and expand your email list: Email marketing is a powerful tool for driving traffic and sales to your online boutique. Create a strategy to build an email list of your loyal followers and customers. Offer incentives such as exclusive discounts, early access to new product launches, or valuable content in exchange for their email addresses. Once you have an email list, use it to regularly communicate with your subscribers. Send newsletters, product updates, personalized recommendations, and exclusive offers to keep them engaged and encourage them to visit your boutique.
Congratulations! You have just discovered a faster and more effective way to earn money as a content creator than traditional methods like sponsored content, brand collaborations, or affiliate marketing. By launching your online boutique with Vendo, you can generate a monthly income of $10,000 by making just 16 sales a day.
Start your journey to earning $10,000 a month with Vendo whenever you’re ready. Launch your online boutique in minutes, customize it to reflect your style, curate products aligned with your brand, and harness the power of your influence to drive sales. Don't miss out on this opportunity to turn your content creation into a lucrative eCommerce venture.
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